HOUSTON -- The Bakken shale oil play unfolding in North Dakota and Montana is an industry, not a boom, according to group Williston Economic Development (WED). The play is now producing about 800,000 barrels of oil per day and will hit 1 million a day by April 2014, officials estimate.
Meanwhile, at a series of events ...
If the new rule is successful, North Dakota’s natural gas output could rise by 250 MMcf/d in 2014.
Williston Basin producers are changing up completion techniques in some parts of the play and considering future pay from other zones.